The proposed mansion tax may deter wealthy investors from buying costing government revenue and is focused on London properties.
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The Office of National Statistics (ONS) has released data showing London average house prices are over £500,000 for the first time.
National Housing Federation (NHF) says first time buyers now need 10 times the deposit when compared to buying in the early 1980s.
Demand for Help to Buy may be reaching a peak after data shows that house price growth is slowing and even decreasing.
Leading mortgage lender Nationwide has released data showing house prices are 0.8% higher in August compared to July.
The Office of National Statistics (ONS) reveal that London house prices leads the UK property market to record highs in July.
Leading mortgage lender the Halifax has released data showing house prices have increased by the biggest annual amount since September 2007.
The average price of property in London has increased by 19% and England and Wales increasing by over 9% in the last year.
The Council of Mortgage Lenders has warned of an interest rate rise from the Bank of England is more likely increasing costs to homeowners.
Demand for new-build homes is driving a boom in house building with construction growing for the fifteenth consecutive month.